Agentic coding centralizes AI profits

Agentic coding — AI that builds and runs software for users — is already generating rapid, enterprise revenue; firms that master it and pair it with superior security tooling can capture high‑margin, recurring business. Coupled with an adversarial cybersecurity arms race (attackers vs defenders using the same AI capabilities), buyers will have to pay premium fees for the leading models, creating durable market power. — If true, this mechanism explains how technological change could translate into long‑lasting economic concentration and governance challenges, informing antitrust, national security, and tech policy debates.